Thai Solar (Thailand) Technical Analysis

TSE Stock  THB 1.22  0.01  0.81%   
As of the 29th of March, Thai Solar has the Variance of 18.26, risk adjusted performance of (0.03), and Coefficient Of Variation of (1,308). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thai Solar Energy, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Thai Solar Energy, which can be compared to its competition. Please validate Thai Solar Energy variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Thai Solar is priced more or less accurately, providing market reflects its prevalent price of 1.22 per share.

Thai Solar Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Thai, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Thai
  
Thai Solar's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Thai Solar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Thai Solar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thai Solar trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Thai Solar Energy Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Thai Solar Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Thai Solar Energy Trend Analysis

Use this graph to draw trend lines for Thai Solar Energy. You can use it to identify possible trend reversals for Thai Solar as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Thai Solar price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Thai Solar Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Thai Solar Energy applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Thai Solar Energy market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.5, which is the sum of squared deviations for the predicted Thai Solar price change compared to its average price change.

About Thai Solar Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Thai Solar Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Thai Solar Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Thai Solar Energy price pattern first instead of the macroeconomic environment surrounding Thai Solar Energy. By analyzing Thai Solar's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Thai Solar's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Thai Solar specific price patterns or momentum indicators. Please read more on our technical analysis page.

Thai Solar March 29, 2024 Technical Indicators

Most technical analysis of Thai help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Thai from various momentum indicators to cycle indicators. When you analyze Thai charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Thai Solar March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Thai stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thai Solar Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Thai Solar Energy information on this page should be used as a complementary analysis to other Thai Solar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Thai Stock analysis

When running Thai Solar's price analysis, check to measure Thai Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thai Solar is operating at the current time. Most of Thai Solar's value examination focuses on studying past and present price action to predict the probability of Thai Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Solar's price. Additionally, you may evaluate how the addition of Thai Solar to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Thai Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thai Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thai Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.